Actual Cap Rate: 5.34!! $127,200 Annual Income. GRM: 13.36 Proforma GRM: 12.64. Apartment completely leased for '07-'08 school year in one day! $150,000 in rehab. located 2 blocks from UCSB campus. Property features all 2 bedroom / 2 Bath units. Property looks immaculate. No deferred maintenance with very little operating expenses overall.
Multi-familyProperty Type
1960Year Built
6,534 sq ftLot Size
10 spacesParking
Listed by Apartment Investment Specialists Lieberman•DRE #00682741• Apartment Investment Specialists
Listed by Matthew Kelly• Apartment Investment Specialists
Bought with Apartment Investment Specialists Lieberman•DRE #00682741• Apartment Investment Specialists
Bought with Matthew Kelly• Apartment Investment Specialists
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
1965
Sq. Ft.
—
Year built
1965
Style
Other
County
Santa Barbara County
APN
075161012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
SR-H-20
D
High Density Student Residential Zone
The purpose of this district is to provide for residential development which is unique to a student-oriented community. The intent is to provide for multiple residential development at moderate densities to mitigate potential adverse impacts on traffic, parking, open space, aesthetics, health, and safety and to encourage the combining of substandard lots to allow for a more efficient utilization of space. The provision of affordable housing within this district shall be encouraged.
Zone overlays
Design Control Overlay Zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking Information
Parking Features: Uncovered
Interior
Interior Features
Laundry Features: Laundry Room
Flooring: Carpet, Tile
Exterior
Exterior Features
Foundation Details: Slab
Property Information
Stories: 2
Property Condition: Excellent
Lot Information
Lot Features: Near Public Transit
Zoning: R-1
Location
Unit 1 Information
# of Units: 4
# of Bedrooms: 2
# of Baths (Total): 2
Rent: $2,650
Monthly Total: $10,600
Furnished: N
Multi-Unit Information
# Of Units (Total): 4
School Information
Elementary School: Isla Vista
Middle Or Junior School: Gol Valley
High School: Dos Pueblos
Location Information
Cross Street: Camino Pescadero
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 6,534 square feet
Style: Other
Year Built: 1965
Year Renovated: 1965
County: Santa Barbara County
APN: 075161012
Home facts updated by county records on Aug 17, 2026
Around this home
Schools
Isla Vista Elementary School
Public K-6 • Assigned • 0.7mi
8/10
Goleta Valley Junior High School
Public 7-8 • Assigned • 3.0mi
6/10
Dos Pueblos Senior High School
Public 9-12 • Assigned • 2.1mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 83° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Goleta, CA • 93117
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Sun exposure
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